12.09.2011 - Norway - A piece of Persion Gulf living in Northern Europe

The country's $550 billion sovereign wealth fund, set up in 1996, owns through its investments some 1.9 percent of the European stock market and holds about 1 percent of traded global shares.
But despite the government's efforts to protect the economy from bubbles, the national wealth has created unbalances that are difficult on Norwegians not involved in the oil sector..............................................Full Article: Source